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Where does money come from? : a guide to the UK monetary and banking system by Josh Ryan-Collins, Tony Greenham, Richard Werner, Andrew Jackson is a nonfiction available to read on EtoBox.

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Where Does Money Come From? reveals how, contrary to public perception, the bulk of today's money supply is created and allocated by commercial banks in their role as providers of credit. The authors argue that this system is inherently unstable, with little effective regulation of how much credit is provided or whether it is used for productive or speculative purposes. Based on detailed research and consultation with experts, including from the Bank of England, Where Does Money Come From? reviews theoretical and historical debates on the nature of money and banking and explains the role of the central bank, the Government and the European Union. This Second edition includes new sections on Libor and quantitative easing in the UK and the sovereign debt crisis in Europe. Praise for Where Does Money Come From? “Refreshing and clear. The way monetary economics and banking is taught in many – maybe most - universities is very misleading and what this book does is help people explain how the mechanics of the system work”. David Miles, Monetary Policy Committee, Bank of England “It is amazing that more than a century after Hartley Withers’s The Meaning of Money and 80 years after Keynes’

Who reads Where does money come from? : a guide to the UK monetary and banking system?

Author

Josh Ryan-Collins, Tony Greenham, Richard Werner, Andrew Jackson

Publisher

The New Economics Foundation

Published

2014

Language

EN

ISBN

9781521043899

Category

nonfiction

Subjects

Business, Personal Finance

Rating

4.31 / 5 (36 ratings)

Updated

2026-03-14